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When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount?
5Q:
When a amount is given at a compound interest rate of 18% per annum, the interest received on compound annual payable in two years will be Rs 960 more than half yearly interest. What is the amount?
- 160,000false
- 270,000false
- 355,000false
- 450,000true
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